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In a tough time for buy now/pay later lending, the fintech hopes to pivot its strategy while removing the pressures that come from public shareholders.

When the prices of U.S. goods and services soar, the Federal Reserve tends to raise its benchmark interest rate, and commercial banks are pinched in several fundamental parts of their business.

Two related cases the Supreme Court is considering hing on whether state laws preempt the National Banking Act on the payment of interest on mortgage escrow accounts.

Bank customers who overdraw their accounts now face an average fee of $26.61, which is down from a peak of $33.58 in 2021. Consumer advocates contend that tougher regulations are needed to sustain the momentum, while industry groups argue that bank-led innovations are working.

Financial institutions in several Southeastern states had braced for impact of the Category 3 hurricane. Bank and credit union executives in Florida and Georgia say their facilities generally weathered the storm but that some communities they serve face substantial recovery efforts.

Southwest Financial Credit Union, which led American Banker's Best Credit Unions to Work For, says employees are taking up to 400 hours more off than before its unlimited PTO policy took effect — but they are happier, and so are the members of the branchless credit union.

Hanna Wu is CEO and co-founder of Amplify, insurtech democratizing access to life insurance policies traditionally used by the wealthy 1%. She comes from deep family roots in life insurance as both her parents were agents for decades. After working in financial planning, Hanna started Amplify with the mission of giving customers direct access to customized policies where they can protect their families and use their policies for retirement, college funding, or anything they wish, all in a streamlined digital experience

Drew Fekete is Underwriting Manager, Miscellaneous Medical, at Beazley. He joined Beazley's Miscellaneous Medical & Life Sciences team in 2018 as the sole west coast Allied Health underwriter with a focus on growing their presence in the region. Using Beazley's Medical Professional product as well as its pioneering Virtual Care form, Drew developed relationships and marketed throughout Southern California, growing his book of business with creative coverage solutions on some of the industry's most complex and difficult-to-place insureds. In 2019, Drew relocated to Denver to assist in the buildout of Beazley's newest office.  

Banks have offered a more tepid critique of regulatory proposals to expand resolution planning and long-term debt for regional banks, suggesting the industry is intent on curbing July's Basel III capital proposal instead.

Anna is a Managing Director in Accenture's Insurance practice, based in Milan, and the Executive Sponsor for the Qorus-Accenture Innovation in Insurance Awards. She leads transformation programs for major insurance companies, focusing on data and AI, adoption of digital platforms for managing new risks and the regulatory challenges of the Italian market. Anna has a master's degree in Management Engineering and Financial Management from the Polytechnic University of Turin and a specialization in Financial Innovation Management from SDA Bocconi.